Pharmabiz
 

Signet-Meggle new business partners

Our Bureau, MumbaiThursday, August 7, 2014, 16:00 Hrs  [IST]

Germany based Meggle, one of the world’s leading producers of pharmaceutical lactose, has appointed Signet Chemical Corporation Pvt Ltd as their sole distribution partner in India for their entire range of pharmaceutical lactose and co-processed lactose products.

Under the new arrangement, Signet will distribute the complete product portfolio of more than 20 products viz. Tablettose, FlowLac, DuraLac, RetaLac, InhaLac, MicroceLac and Cellactose, which covers all areas from solid dosage forms (including tablets, capsules, sachets) to powder formulations and dry powder inhalation.


“We very much look forward to this important new partnership with Meggle”, said Harish Shah, managing director of Signet. “Their product range compliments our current portfolio and further strengthens our specialty product offering”, he continued.   

Dr. Egmont G. Pfeifer, Director Business Group Excipients and Technology of Meggle in a statement said, “Signet has a long established and proven product management structure in India. Through their market focused networks, warehousing and logistics expertise supported by their dedicated technical and regulatory experts; they will effectively supplement Meggle’s market penetration in India”. Keeping in mind the growing needs of pharma industry, with this strategic partnership Signet and Meggle will redefine their position as market leaders of excipients and global leaders of lactose respectively.

Dr. Chua Siang Meng, Pharma Group General Manager, Meggle Singapore, said: “We are confident that Signet will promote and rightly position Meggle excipients to meet the commercial and technical requirements of our customers in India".

Meggle is Germany’s leading producer and pioneer in developing and supplying innovative range of lactose and co-processed lactose products to the global pharma industry for more than 60 years. They do this through extensive expertise in R&D and then manufacture in round-the-clock production using state-of-the-art equipment.

Signet Chemical Corporation Pvt. Ltd. is India’s largest distributor of specialty excipients for the pharmaceutical and nutraceutical industry. Headquartered in Mumbai, it represents thirty globally renowned excipient producers from USA, Europe, UK & Japan. With its highly qualified team of 85 professionals, Signet offers to the Indian formulators a spectrum of over 400 excipients for every formulation application and dosage forms.

 
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